BEB Capital Acquires Mixed-Use Property In West Village For $31M
35 Bedford Street, New York City, New York 10014, United States
$31,000,000
$1,585/SF
Building Size
19,556 SF
Asset Type
Mixed-use
Closing
Mar 29, 2022
AI
The mixed-use property located at 35 Bedford St. in the West Village has been sold for a total of $31,000,000. The property spans a total of 19,556 square feet, resulting in a price per square foot of $1,585. The sale took place on March 30, 2022 and involved the participation of several key individuals and companies.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $31,000,000
- Address: 35 Bedford St.
- Market: West Village
- Size: 19,556 square feet
- Price per Square Foot: $1,585
The buyers of the property were BEB Capital, represented by Lee Brodsky, Ben Fischer, and Keyvan Ghaytanchi. The transaction was facilitated by the brokers Bobby Carrozzo, Robert Burton, and Michael Gembecki from Cushman & Wakefield. Their expertise and representation played a crucial role in the successful completion of the deal.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93